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INTEL2026-03-30

Trump Eyes Kharg Island: US Signals Oil Seizure Option

Trump escalates: threatens to destroy Kharg Island if Iran deal not reached 'shortly' — after earlier signaling seizure

Kharg Island sits 25 km off Iran southwestern coast in the Persian Gulf and handles over 90 percent of Iran crude oil exports roughly 1.5 to 2 million barrels per day. On March 30 US President Trump told the Financial Times he wanted to take the oil in Iran and named Kharg Island as a site the US could seize easily acknowledging troops would remain deployed there for a while. The statement translates what had been internal Pentagon planning — Kharg Island raids and Hormuz ground operations reported on March 29 — into an explicit presidential strategic signal. Its seizure would simultaneously collapse Iranian oil revenues and signal a shift from counter-nuclear to counter-economic war aims.

Key facts

  • Kharg Island handles ~90% of Iran crude exports (~1.5-2 mb/d)
  • Trump: 'My favourite thing is to take the oil in Iran' — FT interview March 30
  • Pentagon Kharg Island raid planning reported separately March 29
  • Trump: US troops would have to stay at Kharg 'for a while'
  • Seizure would effectively halt Iranian oil revenues

Timeline

01:44 UTC

Pentagon Kharg Island raid plans reported; Trump approval pending

01:28 UTC

Trump tells FT: 'my favourite thing is to take the oil in Iran'; names Kharg Island